Wednesday, May 22, 2019

Portfolio Managers can invest in Exchange Traded Commodity Derivatives: SEBI

In order to promote institutional participation in the Exchange Traded Commodity Derivatives, the market regulator, SEBI has also allowed Portfolio Managers to invest in Exchange Traded Commodity Derivatives subject to specified conditions.

from taxmann.com News http://bit.ly/2QiWyjJ

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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